The average yield-to-maturity on high-yield bonds ended at 7.6%. Musk’s AI company has to pay quite a bit higher because xAI ...

xAI's rapid expansion in Memphis raises questions about powering its facilities and future growth. The company's Colossus 2 supercomputer requires a gigawatt of power, posing a challenge for ...

xAI, owned by Elon Musk, is expanding its Memphis supercomputer project significantly, including increasing GPU capacity and acquiring more land. Key players involved in the project include xAI ...

MEMPHIS, Tenn. - The new xAI data center in Whitehaven could potentially request enough electricity to power 40% of Shelby County, according to a public notice released by Memphis Light ...

GitGuardian’s Eric Fourrier told KrebsOnSecurity the exposed API key had access to several unreleased models of Grok, the AI chatbot developed by xAI. In total, GitGuardian found the key had ...

Shelby County residents and officials voice concerns over xAI's proposed use of gas turbines and potential air pollution. The Shelby County Health Department is reviewing xAI's permit application ...

The concerns about xAI’s Colossus facility in Memphis warrant consideration, particularly regarding its environmental impact. However, dismissing this project as harmful overlooks its ...

In the case of xAI and X, while much of the contours of the deal remain unclear, this is how Musk has described it: @xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 ...

Elon Musk said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company once known as Twitter at $33 billion. (AFP) Tech billionaire Elon ...

Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge rejecting his bid to dismiss a lawsuit tied to the ...

“The combination values xAI at $80 billion and X at $33 billion,” the billionaire wrote Friday in a post on X. The value of X is $45 billion when including $12 billion of debt, he ...